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According to Reuters, two Western officials and two Iranian officials with knowledge of the situation said that Saudi Arabia had previously launched a number of undisclosed attacks on Iran in retaliation for attacks that occurred in its territory during the Middle East war. These attacks by Saudi Arabia have not been reported before, indicating that Saudi Arabia has become boldering in defending itself against its main regional adversaries. The attacks, carried out by the Saudi Air Force, are estimated to have been carried out in late March, two Western officials said. Earlier, according to a report by the Wall Street Journal on Monday, the UAE also carried out military strikes on Iran. Together, the actions of Saudi Arabia and the UAE reveal a conflict in which the Gulf states, hit by Iran, are fighting back. Iranian and Western officials said Saudi Arabia informed Iran of the attacks, followed by intensive diplomatic contacts, and Saudi Arabia's threat of further retaliation, eventually prompting the two countries to reach a de-escalation consensus.

The U.S. Commodity Futures Trading Commission (CFTC) filed an amiriae opinion with the U.S. Court of Appeals for the Sixth Circuit, supporting prediction market platform Kalshi and refuting a previous lawsuit filed against it by Ohio. The Ohio side argues that Kalshi's prediction market operations constitute unlicensed sports betting; The CFTC, on the other hand, argues that the relevant markets should fall within the scope of federal regulation and that state governments have no right to intervene beyond the boundary. CFTC Chair Michael Selig said the Ohio District Court's previous understanding of CFTC jurisdiction was "too narrow" and hoped the appeals court would correct it. Over the past few months, the CFTC has sued states such as Wisconsin, Illinois, Arizona, Connecticut, and New York to assert its regulatory authority over prediction markets. As platforms like Kalshi and Polymarket gain popularity, the regulatory boundary dispute between federal and state governments continues to expand.

According to ChainCatcher news, JPMorgan Chase will launch a second Ethereum-based tokenized money market fund called OnChain Liquidity-Token Money Market Fund under the ticker JLTXX. The fund will invest primarily in U.S. Treasury bonds, as well as overnight repurchase agreements secured by U.S. Treasury bonds or cash, with the goal of meeting the qualified reserve asset requirements that stablecoin issuers need to maintain under the GENIUS Act. JPMorgan Chase & Co. said the fund's blockchain technology will be managed by its Kinexys Digital Assets. Currently, Ethereum is the only on-chain network available to investors, and it is not ruled out that it will be expanded to other blockchains in the future. This is also JPMorgan's second tokenized money market fund on Ethereum after launching MONY last year. Compared with MONY, which prefers institutional on-chain cash management, JLTXX is more directly oriented to the stablecoin reserve asset scenario.

ChainCatcher news, data shows that Bitcoin's market share has rebounded from a stage low of about 55% to about 58.5%, indicating that funds are concentrating on Bitcoin again. Bitcoin market share is often seen as an important indicator for observing the rotation of funds in the crypto market. Rising market share often means that the market has entered a period of consolidation, and Bitcoin is relatively stronger than altcoins; The decline in market share is often accompanied by the flow of funds to higher-risk assets, promoting the so-called "copycat season". In contrast, Bitcoin's market share reached a high of 62% to 63% in mid-2025, and then continued to fall against the backdrop of rising altcoin activity, falling to about 54% at one point. The current recovery above 58% suggests that the market is more likely to be in a consolidation phase rather than a full turn to altcoins.

ChainCatcher news, according to Golden Ten, the Federal Reserve Goolsbee said he remains optimistic that interest rates can fall sharply, but progress on inflation is needed.

Odaily Planet Daily News The U.S. Senate has received enough votes to confirm Walsh's tenure as a member of the Federal Reserve Board of Governors for a fourteen-year term starting February 1, 2026. Voting is still ongoing. (Jin Shi)

Odaily Planet Daily News EIA released a short-term energy outlook report, which mentioned that the spot price of Brent crude oil rose sharply in April, as the de facto closure of the Strait of Hormuz tightened global oil supply, reaching a high of $138 per barrel on April 7, with an average of $117 per barrel for the month. Global oil inventories are expected to decrease by an average of 8.5 million barrels per day in the second quarter of 2026, keeping Brent oil prices at around $106 per barrel in May and June. As oil production in the Middle East increases, we expect crude oil prices to fall, falling to an average of $89 per barrel in the fourth quarter of 2026 and $79 per barrel in 2027. (Jin Shi)

ChainCatcher news, a working group led by the Ethereum Foundation released a new "clear signing" open standard Clear Signing, with the goal of solving the long-standing "blind signing" problem, the new standard is based on the ERC-7730 specification, aiming to promote the implementation of the "WYSIWYS (What You See Is What You Sign)" concept, so that users can understand the actual execution of transactions in a unified, readable, and structured way before signing transactions. This replaces the current machine-readable but incomprehensible low-level transaction information display method, and enables transaction intentions to be clearly expressed and standardized on the wallet side through unified description formats, registry systems, and independent verification and audit mechanisms. Rather than altering the on-chain transaction structure, Clear Signing enhances interpretability through standardized off-chain descriptions, enhancing security without compromising compatibility with existing protocols.

The EIA short-term energy outlook report said that the Strait of Hormuz is expected to be closed until the end of May, gradually resume navigation in June, and reach pre-conflict levels later in 2026. Global oil demand is expected to be 104.2 million barrels per day in 2026, compared to the previous forecast of 104.6 million barrels per day; Demand is expected to be 105.6 million barrels per day in 2027, compared to the previous forecast of 106.2 million barrels per day. (Jin Shi)

Odaily Planet Daily News Trump Media Technology Group is significantly adjusting its prediction market product "Truth Predict" strategy, which originally planned to cooperate with Crypto.com to launch a full trading function, but now it may only be presented in the form of marketing and promotion cooperation, and the scale of the function has shrunk significantly. According to the latest regulatory filings, the project is still in the development stage, but it will initially be limited to promotional cooperation with prediction market platform OG.com, rather than directly embedding trading functions on Truth Social. The market's original "social + prediction market transaction integration" model may be weakened. Early plans show that Truth Predict had planned to allow users to convert platform points into crypto assets and participate in events such as sports, inflation, and elections, but the new disclosure structure is closer to "external platform diversion cooperation", and the specific business mechanism has not yet been clarified. Meanwhile, the prediction market industry is still in a phase of rapid expansion and regulatory conflict, with platforms including Kalshi and Polymarket continuing to expand their sports and event contracts business, but also facing jurisdictional disputes between state and federal gaming regulators. According to the analysis, the strategic contraction of Truth Predict reflects the rising uncertainty in the prediction market in terms of compliance structure, product form and regulatory boundaries, especially in the context of the US regulatory system not yet fully unified, related products are more inclined to the "asset-light cooperation" model rather than direct financialization embedded in social platforms. （Wired）

Odaily Planet Daily News According to market news: Google is negotiating with SpaceX to launch a data center.

According to Sina Finance, 21Shares analyst Matt Mena said that Bitcoin did not fall due to inflation data, indicating that the market has digested the data of overheated inflation in advance and maintained above the important support level of $80,000. Mena believes that Bitcoin is poised to retest the $82,000 resistance level and advance further towards $85,000 as macro resistance is gradually cleared. The upcoming Senate vote on the CLARITY Act could also be a significant catalyst, pushing the price to $90,000.

According to ChainCatcher news, the US CPI increased by 3.8% year-on-year in April, the highest since May 2023, higher than the market expectation of 3.7%. Previously, Bank of America economists said in a report to clients on May 8 that due to continued higher-than-expected inflationary pressures and solid job growth, they had abandoned their previous forecast of one rate cut in September and one in October this year, and postponed the first rate cut to the second half of 2027. The previous view was based on Trump's expectation of Kevin Walsh's nomination of Kevin Walsh to succeed Powell as Fed chairman, believing that policy would tend to be loose. But now that view has changed as the economic situation has changed. The report mentioned, "We no longer expect the Fed to cut interest rates this year." They also pointed out that multiple shocks affecting the economy, including the war in Iran, tariffs, and the rise of artificial intelligence, have made it more difficult to predict interest rate changes.

According to ChainCatcher news, Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), said that the regulator is communicating with all major U.S. professional sports leagues to strengthen the regulatory framework for sports-related prediction markets and prevent insider trading and market manipulation risks. Michael Selig revealed at FINRA's annual meeting in Washington that the CFTC has signed an information-sharing memorandum of understanding with Major League Baseball, marking the first time it has established a formal data collaboration mechanism with a professional sports league.

Odaily Planet Daily News Crypto trading platform Binance Chief Marketing Officer Rachel Conlan announced that she will leave her position next month, ending her three-year tenure as a brand builder, with her last working day on June 15, and will assist in the transition as an advisor after leaving office. Binance said former Trust Wallet CEO Eowyn Chen will serve as interim CMO, responsible for market and brand management during the transition. （CoinDesk）

According to ChainCatcher, Movement announced that it has completed the acquisition of Canopy, an on-chain vault infrastructure project, to further integrate key financial infrastructure within Movement Network. Canopy has previously been an important part of the Movement ecosystem, mainly responsible for building the Vault layer on the Movement Network, and its smart contracts allow users and independent policy managers to allocate assets and combine policies on-chain. After this acquisition, Canopy will work more closely with the on-chain credit protocol MovePosition, and Movement is gradually building a complete on-chain financial infrastructure stack covering modules such as Vault, credit, and yield strategy. Movement stated that most public chain ecosystems still rely on third parties to provide core financial primitives, and Movement hopes to achieve deeper technical synergy between the Vault contract and other components of the network through self-built and internal integration. For developers, this means directly integrating core protocols in continuous iteration; For partners, it means stronger consistency between the underlying infrastructure and the development team; For users, it is expected to get a more unified on-chain financial product experience. Officials also revealed that MovePosition and Canopy will gradually operate together as a unified infrastructure in the future, and more integration details will be announced in the coming weeks.

According to ChainCatcher news, according to on-chain monitoring data, Gate hot wallets transferred 399.999765 XAUt (approximately US$1,876,100).

According to ChainCatcher news, the US CPI data for April hit a three-year high, triggering market concerns about the Federal Reserve raising interest rates again. According to the data, the core CPI in the United States rose 0.4% month-on-month in April, higher than market expectations of 0.3% and rose to 2.8% year-on-year; The headline CPI, which includes energy prices, rose 3.8% year-on-year, higher than the previous reading of 3.3% and marked the highest level of inflation since May 2023. Affected by the data, the market quickly adjusted its expectations for the Fed's policy path. CME FedWatch data shows that traders are now betting on more than 35% of the probability of at least one rate hike in 2026, compared to the mainstream expectation of a rate cut this year a few weeks ago. Risk assets followed suit, with the Nasdaq falling more than 1.3% and U.S. Treasury yields rising in tandem. However, the crypto market has shown some resilience. Bitcoin remained above $80,000 after the data was released, temporarily trading at about $80,500, basically flat in 24 hours; Ethereum and XRP fell by about 2.5%.